M&A Deal Summary |
|
|---|---|
| Date | 2021-10-22 |
| Target | Continental Bakeries |
| Sector | Food |
| Buyer(s) | Biscuit International |
| Sellers(s) |
Goldman Sachs Merchant Banking
The Silverfern Group Cerea Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Sector | Food |
| Employees | 1,900 |
| Revenue | 500M EUR (2018) |
Biscuit International is a European manufacturer of private-label sweet biscuits, including traditional, as well as organic, low-sugar and eco-friendly products. Biscuit International is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Food M&A | 5 of 5 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| Country: Netherlands M&A | 2 of 2 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-03 |
Danesita
Coimbra, Portugal Danesita is a manufacturer of biscuits, cakes, and butter cookies. Danesita has 2 production facilities in Portugal with 16 production lines, an installed capacity of 60 thousand tons, and we export to 70 countries (78% of our production). Danesita was founded in 1978 and is based in Coimbra, Portugal. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 110 of 126 |
| Sector: Food M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 38 of 43 |
| Country: Netherlands M&A | 2 of 3 |
| Year: 2021 M&A | 17 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-13 |
Aston Lark
London, United Kingdom Aston Lark is an independent insurance broker specializes in commercial insurance, private client insurance, and employee benefits advice, and operates from 27 regional offices, serving over 100,000 customers and placing in excess of £350 million of the annual premium. Aston Lark was formed in 2017 and is based in London. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-11 |
Belfry
Sutton Coldfield, United Kingdom Belfry is a provider of leisure, conference and golf destination, featuring 320 rooms, a 25,000-square foot fitness center and spa, and 20,000 square feet of meeting space. Belfry was founded in 1977 and is based in Sutton Coldfield, United Kingdom. |
Buy | - |
The Silverfern Group is an asset management firm focused on investing in private equity, real estate, and private debt transactions on behalf of institutional investors and single family offices. The Firm will consider opportunities across North/South America, Europe, and Asia. Within its private equity practice, Silverfern makes direct, co-control middle-market private equity investments requiring $20 to $50 million of equity per transaction. Sectors of interest include energy, financial services, food, hospitality, IT, power equipment rental, renewable energy, telecom, transportation, and waste management. The Silverfern Group was established in 2001 and is headquartered in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 10 |
| Sector: Food M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 6 |
| Country: Netherlands M&A | 1 of 1 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-21 |
Gordian Medical
Irvine, California, United States Gordian Medical is a provider of advanced wound care, ostomy, urology, and tracheostomy supplies and services. AMT provides both critical care supplies and clinical support services to skilled nursing facilities and other post-acute care settings across the United States. The Company assists healthcare providers in managing the treatment of more than 250,000 wounds annually. Gordian Medical was founded in 1994 and is based in Irvine, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-20 |
Paladone
Shoreham-by-Sea, United Kingdom Paladone is a seller of a broad assortment of licensed consumer products. Paladone’s products are sold all across the globe in all tiers of retailers including specialty retail, online, department, fashion and mass-market stores. Paladone was founded in 1994 and is based in Shoreham-by-Sea, United Kingdom. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 1.5B EUR |
| Size | Large |
| Type | Sector Focused |
Cerea Partners is a specialist investment firm focused on investing in and providing finance to agriculture and related sustainable food businesses. Cerea primarily targets companies in Western Europe and looks to invest in companies valued between €20 and €500 million. Prospective transaction situations includes LBOs, LBIs, OBOs, and spin-offs. Cerea Partners was formed in 2004 and is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 32 |
| Sector: Food M&A | 13 of 16 |
| Type: Add-on Acquisition M&A Deals | 7 of 8 |
| Country: Netherlands M&A | 2 of 2 |
| Year: 2021 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-15 |
Hafner group
Saint-Galmier, France Hafner group is a provider of pastries and fresh cakes for the general public. Hafner group was founded in 1929 and is based in Saint-Galmier, France. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-23 |
Chocmod
Lille, France Chocmod is a producer of chocolate truffles. Chocmod produces a range of chocolate confectioneries that include chocolate-coated marshmallows and nougat. Chocmod was founded in 1948 and is based in Lille, France. |
Buy | - |